3640 Arey Drive (10 Town homes S/L), Otay Mesa, CA 92154 | 190009190 | Willis Allen Real Estate

3640 Arey Drive (10 Town homes S/L) $2,961,500

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    3640 Arey Drive (10 Town homes S/L) Otay Mesa, CA 92154

    • Commercial Sale
    • MLS# 190009190
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    Views: 33 Days On Market: 412

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    Property Details

    Reduced over $135,000! Last Model Match sold at $329,000! Refer to listing 190005465 this listing is 10 Three Bedroom, 2 Bath Single Level Investor Owned Town Homes. Great Investment Opportunity. Some units have Ocean views and breezes. Units are rented below market value $+/- (2,000). Value added deal Potential for upside selling off individual units. Income potential is $756,000. Units sold at $350,000 during the market peak. Exterior: ,,

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    Neighborhood

    92154 (Otay Mesa) Demographics

    33 Median Age
    2,382 Population Density (per sq. mile)
    24% College Educated
    $61,618 Estimated Median Income
    12,336 Estimated Total Home Owners
    9,097 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    88,016 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $522,500 Median Sales Price
    12 Homes Sold
    104 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,961,500
        2/17/2019 7:17:00 PM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 4/5/2020 3:18:20 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.